Ice Cream Franchise Financing Options

Financing Options

Once you have taken the initial steps towards franchise ownership, you may be interested in financing said franchise. Häagen-Dazs provides tremendous business opportunities and assistance starting up your franchise, from the ice cream shop’s start up costs to its long term expenses. The Small Business Association gives you an alternative to taking out a traditional bank loan. An SBA 7(a) loan is ideal for new franchisees and is partially guaranteed by the government. These loans typically fall between $250,000 and $500,000. Be mindful that SBA interest rates can fluctuate over time. As a borrower, you are expected to repay the loan in full.

Before you apply for an SBA loan at your bank or qualified lender, there are a few things to bear in mind. Along with a general application, you will be expected to provide certain documents – including a personal business plan – in order to be approved. Financing a franchise is a large commitment, so be sure to plan ahead. View the SBA’s 7(a) Loan Application Checklist to ensure you have the necessary credentials to be considered for a loan: https://www.sba.gov/content/sba-loan-application-checklist

Want to Learn More?

Want to learn more about opening up a Häagen-Dazs Street Location shop? Take the next step and fill out our application to receive more information!